Legal Opinion
Arrow Industries, Inc. v. Zions First National Bank
Utah Supreme Court
Decided December 30, 1988No. 19413PublishedCited by 26 opinions
1Opinion of the Court
HALL, Chief Justice:
Arrow Industries, Inc. (“Arrow”) appeals the trial court’s dismissal of its contract and negligence claims against Zions First National Bank (“Zions”).
As payment for inventory sold, Arrow received five checks drawn by Rocky Mountain Irrigation (“Rocky Mountain”) upon Zions, totalling $28,148.64. When Arrow presented the checks for payment, the account did not contain sufficient funds to pay them. Consequently, counsel for Arrow placed the checks with Zions for collection, with the agreement that they would be held for a period of thirty days. After only three days, and…
2Cases cited13 opinions
- Paul Reid and Mary J. Reid v. Key Bank of Southern Maine, Inc., Paul Reid and Mary J. Reid v. Key Bank of Southern Maine, Inc.Court of Appeals for the First Circuit · 1987
- Zions First National Bank v. Clark Clinic Corp.Utah Supreme Court · 1988
- Phillips Home Furnishings, Inc. v. Continental BankSupreme Court of Pennsylvania · 1976
- Penrod v. Nu Creation Creme, Inc.Utah Supreme Court · 1983
- Ellis v. Social Services Department of the Church of Jesus Christ of Latter-Day SaintsUtah Supreme Court · 1980
8 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- Colman v. Utah State Land BoardUtah Supreme Court · 1990
- Mounteer v. Utah Power & Light Co.Utah Supreme Court · 1991
- Lowe v. Sorenson Research Co., Inc.Utah Supreme Court · 1989
- Broadwater v. Old Republic SuretyUtah Supreme Court · 1993
- Hill v. Seattle First National BankUtah Supreme Court · 1992
21 more not listed; retrieve them via the Exa API.